TRACOM
0439.087.227 · rovalta.com · 23/09/2026
ACTIVE
TRACOM
Financial year 2025 · closed on 31/12/2025
Net result
-28,6 k €
+49.9% YoY
Gross margin
45,7 k €
-35.6% YoY
Equity
1,4 M €
-2.0% YoY
Overview
What does TRACOM do?
TRACOM is a Public limited company incorporated in 1989. Its main activity is: Manufacture of corrugated paper and paperboard and of containers of paper and paperboard. Its registered office is in Sint-Laureins.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0439.087.227
Incorporation
22/11/1989
Legal form
Public limited company
Registered office
Molenstraat(WAT) 104
9988 Sint-Laureins · FlandreSee on map
9988 Sint-Laureins · FlandreSee on map
Contributed capital
1 270 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
Joint committees (2)
- 200
- 222
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 45,7 k € | -35.6% | 71 k € | -71.3% | 247,5 k € | +176% | 89,8 k € | +8.7% | 82,6 k € | +21.7% | 67,9 k € | -9.2% | 74,8 k € | +9.1% | 68,6 k € | -42.9% | 120 k € | +67.9% | 71,5 k € | -19.6% | 88,9 k € | +11.1% | 80 k € | +3.7% | 77,1 k € | +24.3% | 62 k € | -1.7% | 63,1 k € | +19.7% | 52,7 k € | -2.2% | 53,9 k € | -0.8% | 54,3 k € | -1.4% | 55,1 k € |
| EBITDA | 18,8 k € | -41.0% | 31,8 k € | -84.5% | 204,8 k € | +304% | 50,6 k € | +14.6% | 44,2 k € | +44.2% | 30,6 k € | -25.1% | 40,9 k € | -33.0% | 61 k € | -46.9% | 114,9 k € | +74.6% | 65,8 k € | -21.1% | 83,4 k € | +12.2% | 74,4 k € | +2.8% | 72,3 k € | +26.0% | 57,4 k € | -1.6% | 58,3 k € | +23.2% | 47,3 k € | -5.2% | 49,9 k € | +0.2% | 49,8 k € | -2.4% | 51 k € |
| Operating result | -30,5 k € | +47.9% | -58,6 k € | -161% | 96,6 k € | +245% | -66,6 k € | +16.1% | -79,4 k € | -86.7% | -42,6 k € | +45.7% | -78,5 k € | -2862% | -2,6 k € | -108% | 34,6 k € | +426% | -10,6 k € | -135% | 30,5 k € | +127% | 13,5 k € | -16.0% | 16 k € | +6529% | -249 € | +91.6% | -3 k € | +78.3% | -13,6 k € | -25.8% | -10,8 k € | -5.8% | -10,2 k € | -37.4% | -7,4 k € |
| Net result | -28,6 k € | +49.9% | -57,1 k € | -159% | 96,2 k € | +233% | -72,1 k € | +14.1% | -84 k € | -65.9% | -50,6 k € | +47.3% | -96,1 k € | -604% | 19,1 k € | -61.6% | 49,7 k € | +242% | 14,5 k € | -73.2% | 54,2 k € | +18.8% | 45,6 k € | -3.4% | 47,2 k € | +62.0% | 29,2 k € | +3.6% | 28,1 k € | +61.0% | 17,5 k € | +137% | -47,1 k € | -374% | 17,2 k € | -86.2% | 125 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,4 M € | -2.0% | 1,5 M € | -3.8% | 1,5 M € | +6.8% | 1,4 M € | -4.9% | 1,5 M € | -5.3% | 1,6 M € | -3.1% | 1,6 M € | -5.6% | 1,7 M € | +1.1% | 1,7 M € | +3.0% | 1,6 M € | +0.9% | 1,6 M € | +3.4% | 1,6 M € | +3.0% | 1,5 M € | -4.5% | 1,6 M € | +1.8% | 1,6 M € | +1.8% | 1,6 M € | +1.1% | 1,5 M € | -3.0% | 1,6 M € | +1.1% | 1,6 M € |
| Total assets | 1,5 M € | -1.7% | 1,5 M € | -4.6% | 1,6 M € | -5.2% | 1,6 M € | -6.1% | 1,7 M € | -2.4% | 1,8 M € | -3.0% | 1,8 M € | -20.4% | 2,3 M € | -1.0% | 2,3 M € | +23.9% | 1,9 M € | -0.4% | 1,9 M € | +2.3% | 1,9 M € | +0.5% | 1,8 M € | -5.3% | 1,9 M € | +1.4% | 1,9 M € | +9.5% | 1,8 M € | -1.1% | 1,8 M € | -8.1% | 1,9 M € | -0.1% | 1,9 M € |
| Cash | 171,4 k € | +171% | 63,2 k € | -59.9% | 157,6 k € | +3115% | 4,9 k € | +38.1% | 3,5 k € | -96.5% | 100,5 k € | +12.3% | 89,4 k € | -50.9% | 182,1 k € | -53.2% | 388,7 k € | +116% | 179,7 k € | -42.9% | 314,6 k € | +57.8% | 199,3 k € | +38.7% | 143,7 k € | -27.0% | 196,9 k € | +49.3% | 131,9 k € | +16.0% | 113,7 k € | – | 6,8 k € | +63.1% | 4,2 k € | ||
| Debts | 21,3 k € | +17.3% | 18,2 k € | -43.9% | 32,4 k € | -84.3% | 206,7 k € | -14.3% | 241,2 k € | +21.9% | 197,9 k € | -2.0% | 201,8 k € | -65.0% | 576,7 k € | -6.5% | 617 k € | +173% | 226,4 k € | -8.0% | 246,1 k € | -3.7% | 255,5 k € | -11.5% | 288,7 k € | -9.2% | 317,9 k € | +0.3% | 316,8 k € | +80.3% | 175,7 k € | -16.4% | 210,2 k € | -33.5% | 316 k € | -5.6% | 334,6 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Christiana Herman
ActiveEllen Van den Bunder
ActiveMarian Van den Bunder
ActiveEnded mandates
Christiana Herman
EndedChristiana Herman
EndedChristiana Herman
EndedChristiana Herman
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 07/06/2026 | 03/06/2025 | 01/06/2024 | 03/06/2023 | 01/06/2022 | 24/08/2021 |
| General meeting | 31/05/2026 | 31/05/2025 | 31/05/2024 | 31/05/2023 | 31/05/2022 | 31/05/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 31/05/2026 | 07/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 31/05/2025 | 03/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 31/05/2024 | 01/06/2024 | Dutch | |
| Micro model | 31/12/2022 | 31/05/2023 | 03/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 31/05/2022 | 01/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 31/05/2021 | 24/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 31/05/2020 | 22/08/2020 | Dutch | |
| Micro model | 31/12/2018 | 31/05/2019 | 02/06/2019 | Dutch | |
| Micro model | 31/12/2017 | 31/05/2018 | 04/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 31/05/2017 | 07/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 31/05/2016 | 21/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 31/05/2015 | 08/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 31/05/2014 | 13/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 31/05/2013 | 10/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 31/05/2012 | 06/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 31/05/2011 | 07/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 31/05/2010 | 08/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 31/05/2009 | 16/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 31/05/2008 | 16/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 31/05/2007 | 19/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 12 ended
Active mandates
Christiana Herman
ActiveEllen Van den Bunder
ActiveMarian Van den Bunder
ActiveEnded mandates
Christiana Herman
EndedChristiana Herman
EndedChristiana Herman
EndedChristiana Herman
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-28,6 k €↑
- 2024Annual accounts 2024-57,1 k €↓
- 2023Annual accounts 202396,2 k €↑
- 2022Annual accounts 2022-72,1 k €↑
- 2021Annual accounts 2021-84 k €↓
- 2020Annual accounts 2020-50,6 k €↑
- 2019Annual accounts 2019-96,1 k €↓
- 2018Annual accounts 201819,1 k €↓
- 2017Annual accounts 201749,7 k €↑
- 2016Annual accounts 201614,5 k €↓
- 2015Annual accounts 201554,2 k €↑
- 2014Annual accounts 201445,6 k €↓
- 2013Annual accounts 201347,2 k €↑
- 2012Annual accounts 201229,2 k €↑
- 2011Annual accounts 201128,1 k €↑
- 2010Annual accounts 201017,5 k €↑
- 2009Annual accounts 2009-47,1 k €↓
- 2008Annual accounts 200817,2 k €↓
- 2007Annual accounts 2007125 k €
- 22/11/1989IncorporationPublic limited company